Business Person Or Employee

[spiral]

Small business is a tough game. The failure rate is 50% and the hours are ususally very long. Since you're out there totally on your own, you're gonna be doing everything. And I mean everything.

Very Ture!

It's hell for the first year, and then you get used to it, and the life, of going to work at 9 am and coming home at 9 p.m. Foget vacations, forget visiting firends and family.

And then it gets better after a year or two. You hire people to do your job, put your son/daughter as manager, and go and do something else.

[Crimson Glow]

The difference with owning your own business is that if you do it right, you only have to work 80-hour weeks for 5-10 years, then you can either sell-out or delegate most of the responsibility to other people and reap the rewards. Plus, there is so much additional satisfaction involved when the success of the business is your success. Think of what you do as an employee. You work hard to make money for someone else, to contribute to someone else's success, so that they can give you a small percentage. Why not experience the success yourself, and be the person giving out the small percentage?

100% correct!

And yes, the first year is hell, but is any decent paying job easy the first year? Most benefits like vacation don't kick in for a while, anyways. And the increased income will be MORE than worth it, rather than living paycheck to paycheck.

All I have to say is...."thank you, Mr. eBay creator!!!" <-- tears of joy

[loseyourname]

Mr. eBay creator

Now there's a man who's pulling in the dough.

[Crimson Glow]

Now there's a man who's pulling in the dough.

Yes, and he came up with the concept on a plane gonig to a business trip, and then set up the whole thing in one weekend. He is now worth over $40 billion!!

But I'm thanking him because, though his motives were his own personal benefit, he has allowed many others to make a living off of it, too. I am strongly thinking about joining those ranks.

[spiral]

Hmm...How old is Mr. eBay creator?

[Genuine_Stud]

I owned my own business for about 2 1/2 years and I can tell you that it's such a headache.

You constantly have to reinvent the direction your business is going towards. You have to worry about your customers needs. You have to keep an eye out on your employees. Agghhhh!!

Working under someone else isn't necessarily that bad if you enjoy your job and are following what you want to do as a career.

[Crimson Glow]

To be honest, I don't know much about him.

[ckBejug]

Hmm...How old is Mr. eBay creator?

Why? Do you want to see if he's the right age for you to be Mrs. eBay creator?

[spiral]

Nah...I don't like the idea of marrying into money. I rather make it myself.

[loseyourname]

I like the idea of marrying into money, then using it to make more money.